XML 81 R70.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidating Financial Statements (Condensed Consolidating Balance Sheet) (Details) - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Dec. 31, 2015
Current Assets        
Cash and Cash Equivalents $ 584 $ 1,037 $ 452 $ 467
Other Current Assets 4,463 3,873    
Total Current Assets 5,047 4,910    
Equity Investments in Affiliates 0 0    
Intercompany Receivables, Net 0 0    
Other Assets 7,005 7,754    
Total Assets 12,052 12,664    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 152 179    
Accounts Payable and Other Current Liabilities 2,228 2,249    
Total Current Liabilities 2,380 2,428    
Long-term Debt 7,538 7,403    
Intercompany Payables, Net 0 0    
Other Long-term Liabilities 610 765    
Total Liabilities 10,528 10,596    
Weatherford Shareholders’ Equity 1,467 2,012    
Noncontrolling Interests 57 56    
Total Liabilities and Shareholders’ Equity 12,052 12,664    
Other Subsidiaries        
Current Assets        
Cash and Cash Equivalents 429 447 431 443
Other Current Assets 4,496 3,891    
Total Current Assets 4,925 4,338    
Equity Investments in Affiliates 1,040 1,037    
Intercompany Receivables, Net 3,578 3,762    
Other Assets 6,991 7,751    
Total Assets 16,534 16,888    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 29 32    
Accounts Payable and Other Current Liabilities 2,504 2,488    
Total Current Liabilities 2,533 2,520    
Long-term Debt 156 204    
Intercompany Payables, Net 0 0    
Other Long-term Liabilities 421 457    
Total Liabilities 3,110 3,181    
Weatherford Shareholders’ Equity 13,367 13,651    
Noncontrolling Interests 57 56    
Total Liabilities and Shareholders’ Equity 16,534 16,888    
Weatherford Ireland        
Current Assets        
Cash and Cash Equivalents 1 0 0 0
Other Current Assets 1 1    
Total Current Assets 2 1    
Equity Investments in Affiliates 1,806 2,415    
Intercompany Receivables, Net 0 0    
Other Assets 0 2    
Total Assets 1,808 2,418    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 0 0    
Accounts Payable and Other Current Liabilities 38 105    
Total Current Liabilities 38 105    
Long-term Debt 0 0    
Intercompany Payables, Net 212 145    
Other Long-term Liabilities 91 156    
Total Liabilities 341 406    
Weatherford Shareholders’ Equity 1,467 2,012    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Equity 1,808 2,418    
Weatherford Bermuda        
Current Assets        
Cash and Cash Equivalents 154 586 21 2
Other Current Assets 0 0    
Total Current Assets 154 586    
Equity Investments in Affiliates 8,496 8,669    
Intercompany Receivables, Net 133 0    
Other Assets 11 13    
Total Assets 8,794 9,268    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 119 53    
Accounts Payable and Other Current Liabilities 229 198    
Total Current Liabilities 348 251    
Long-term Debt 7,127 6,944    
Intercompany Payables, Net 0 224    
Other Long-term Liabilities 98 152    
Total Liabilities 7,573 7,571    
Weatherford Shareholders’ Equity 1,221 1,697    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Equity 8,794 9,268    
Weatherford Delaware        
Current Assets        
Cash and Cash Equivalents 0 4 0 22
Other Current Assets 509 512    
Total Current Assets 509 516    
Equity Investments in Affiliates 8,526 8,301    
Intercompany Receivables, Net 0 0    
Other Assets 3 0    
Total Assets 9,038 8,817    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 4 94    
Accounts Payable and Other Current Liabilities 0 0    
Total Current Liabilities 4 94    
Long-term Debt 156 148    
Intercompany Payables, Net 3,499 3,393    
Other Long-term Liabilities 91 146    
Total Liabilities 3,750 3,781    
Weatherford Shareholders’ Equity 5,288 5,036    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Equity 9,038 8,817    
Eliminations        
Current Assets        
Cash and Cash Equivalents 0 0 $ 0 $ 0
Other Current Assets (543) (531)    
Total Current Assets (543) (531)    
Equity Investments in Affiliates (19,868) (20,422)    
Intercompany Receivables, Net (3,711) (3,762)    
Other Assets 0 (12)    
Total Assets (24,122) (24,727)    
Current Liabilities        
Short-term Borrowings and Current Portion of Long-Term Debt 0 0    
Accounts Payable and Other Current Liabilities (543) (542)    
Total Current Liabilities (543) (542)    
Long-term Debt 99 107    
Intercompany Payables, Net (3,711) (3,762)    
Other Long-term Liabilities (91) (146)    
Total Liabilities (4,246) (4,343)    
Weatherford Shareholders’ Equity (19,876) (20,384)    
Noncontrolling Interests 0 0    
Total Liabilities and Shareholders’ Equity $ (24,122) $ (24,727)